The Shah Family Foundation

Private foundation · Grantmaker Piqua, OH EIN: 31-6524093

The Shah Family Foundation is a private foundation focused on Education, based in Piqua, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $303K in total assets. In 2025, it awarded 6 grants totaling $16K. Net investment income was $13K.

Key facts about The Shah Family Foundation

In short: The Shah Family Foundation gave $16K across 6 grants in 2025 (avg $3K), mostly in Ohio. Source: 2025 IRS Form 990-PF.

EIN
31-6524093
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$15,524
Grants made (2025)
6
Average grant
$2,587
Median grant
$1,250
Total assets
$302,898
Primary geography
Ohio (90% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$303K

-1.4% YoY

Annual Giving

$16K

-6.5% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$3K

-37.6% YoY

Under IRS private-foundation payout rules, The Shah Family Foundation reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.

How The Shah Family Foundation gives

  • Giving grew 26% from 2022 to 2025. Method
  • In 2025 it paid out 105% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

PiquaLiberty TownshipTroyDaytonBethesdaJacksonvilleKetteringNew YorkPowell

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K6 grants2020 5 grants2021 5 grants2022 4 grants2023 4 grants2024 6 grants2025

From 2020 to 2025, annual grant giving ranged from $11K (2020) to $19K (2023). In 2025 it made 6 grants totaling $16K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Piqua Education Foundation: $6KPiqua Education Foundation$6KJain Center of Cincinati & Dayton: $6KJain Center of Cincinati &Dayton$6KBethany Center: $2KBethany Center$2KBethesda Help: $1KBethesda Help$1KAlzheimer's Association: $1KAlzheimer's Association$1KMemorial Sloan Kettering Cancer Cen: $500Memorial Sloan KetteringCancer Cen$500

The largest 2025 recipient was Piqua Education Foundation ($6K). Together the top 6 received $16K.

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 24 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Piqua Education Foundation Piqua, OHEducation$6,000
Jain Center of Cincinati & Dayton Liberty Township, OHFunding$5,524
Bethany Center Piqua, OHFunding$1,500
Bethesda Help Bethesda, MDFunding$1,000
Alzheimer's Association Dayton, OHFunding$1,000
Memorial Sloan Kettering Cancer Cen New York, NYFunding$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$302,898$307,221$310,115
Revenue$12,568$15,586$9,663
Expenses$16,891$18,480$19,661
Qualifying Distributions$15,524$16,596$18,709
Net Investment Income$12,568$15,586$9,663
Distributable Amount$14,849$14,985$15,615

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS October 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Shah Family Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Sona Pancholy

    Trustee

    On filings since 2020

    No compensation reported

  • Paras Shah

    Trustee

    On filings since 2024

    No compensation reported

  • Soha Shah

    Trustee

    On filings since 2024

    No compensation reported

Former officers (2)
  • Former: Damaroo Shah (2020–2023) — Trustee
  • Former: Mayank Shah (2020–2023) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Shah Family Foundation

How much does The Shah Family Foundation give each year?

The Shah Family Foundation gave $16K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $17K across 4 grants.

What is The Shah Family Foundation's typical grant size?

The Shah Family Foundation's median grant in 2025 was $1,250, and its average grant was $2,587, across 6 grants on its 2025 IRS Form 990-PF.

Where does The Shah Family Foundation give grants?

The Shah Family Foundation gives mostly in Ohio: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Maryland (6%). The most frequent recipient cities were Piqua, OH (2 grants).

Does The Shah Family Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on The Shah Family Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Funding" (5 grants).

Who are The Shah Family Foundation's largest grantees?

The Shah Family Foundation's largest 2025 grantees include Piqua Education Foundation ($6,000), Jain Center of Cincinati & Dayton ($5,524) and Bethany Center ($1,500), according to its 2025 IRS Form 990-PF. Together they received 84% of its itemized 2025 grant dollars.

How large is The Shah Family Foundation?

The Shah Family Foundation reported $303K in total assets on its 2025 IRS Form 990-PF. It paid out $16K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).

What is The Shah Family Foundation?

The Shah Family Foundation is a private foundation focused on Education, based in Piqua, OH. It holds $303K in total assets as of 2025.

What is The Shah Family Foundation's EIN?

The Shah Family Foundation's EIN (Employer Identification Number) is 31-6524093. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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